BCS Wealth Management Lowers Stock Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

BCS Wealth Management lessened its stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 17.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,692 shares of the company’s stock after selling 576 shares during the period. BCS Wealth Management’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $242,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Atria Investments Inc purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter worth about $2,177,000. Total Investment Management Inc. acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter worth approximately $59,630,000. Frisch Financial Group Inc. raised its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 4.5% during the 3rd quarter. Frisch Financial Group Inc. now owns 189,415 shares of the company’s stock worth $17,116,000 after buying an additional 8,099 shares in the last quarter. KMG Fiduciary Partners LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter valued at approximately $1,964,000. Finally, Astor Investment Management LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter valued at approximately $7,028,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Shares of QQQE stock opened at $90.15 on Wednesday. The business’s fifty day moving average price is $92.78 and its 200 day moving average price is $90.25. The firm has a market capitalization of $1.27 billion, a PE ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1-year low of $81.45 and a 1-year high of $96.39.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a dividend of $0.2402 per share. The ex-dividend date was Monday, December 23rd.

Direxion NASDAQ-100 Equal Weighted Index Shares Company Profile

The Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) is an exchange-traded fund that is based on the NASDAQ-100 Equally Weighted index. The fund tracks an equal-weighted version of the NASDAQ 100. QQQE was launched on Mar 21, 2012 and is managed by Direxion.